China Yuchai International Limited (NYSE:CYD) is Shah Capital Management’s 3rd Largest Position

Shah Capital Management boosted its holdings in China Yuchai International Limited (NYSE:CYD) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,345,471 shares of the company’s stock after buying an additional 128,509 shares during the period. China Yuchai International makes up 8.4% of Shah Capital Management’s investment portfolio, making the stock its 3rd biggest holding. Shah Capital Management owned approximately 16.09% of China Yuchai International worth $41,412,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of CYD. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of China Yuchai International during the 3rd quarter valued at $43,000. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of China Yuchai International by 2.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock valued at $1,102,000 after purchasing an additional 1,842 shares in the last quarter. Finally, Brandes Investment Partners LP grew its position in shares of China Yuchai International by 4.2% during the 2nd quarter. Brandes Investment Partners LP now owns 1,293,521 shares of the company’s stock valued at $11,771,000 after purchasing an additional 51,953 shares in the last quarter.

China Yuchai International Stock Up 1.9 %

NYSE CYD opened at $12.02 on Monday. China Yuchai International Limited has a 52-week low of $7.95 and a 52-week high of $13.05. The company has a fifty day moving average of $9.81 and a 200-day moving average of $10.58.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of China Yuchai International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 12th.

China Yuchai International Company Profile

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People’s Republic of China and internationally.